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Technology Based Firms, Strategic Alliances and Open Innovation
An article in the Journal of Global Entrepreneurship Research examines the impact of strategic partnerships and open innovation on the success of new biotechnology firms by developing multiple case studies of firms in regional biotechnology clusters. The study finds that, despite their small size and relative immaturity, new biotechnology firms are
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Open Innovation: Getting Better Ideas
The Harvard Business Review website noted that if you gather consumers consumers together to generate ideas, you’ll usually get more participation and more creativity than if you asked those same people individually to put ideas in a suggestion box. But these gatherings quickly find their creativity
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Open Innovation: Working Together
The Imagination at Lancaster (University) website reports that as part of the Optex project with the Swedish research Institute Innventia, Leon Cruickshank traveled to Stockholm to give a keynote presentation on the benefits (and perils) of Open Innovation. This presentation demonstrated how the academic
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How to Make Open Innovation Work
The Managing Intellectual Property website reported on four recent reports which address the current state of Open Innovation and how OI is being used. The four reports are “The Future is Open” (Thompson Reuters) which looks at how companies such as Samsung and Toyota have embraced OI; “Innovation
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Open Sustainability Innovation Practices in the Food Sector
The MDPI website posted a study which showed that the adoption of an “open sustainability innovation” approach in business could be a strategic advantage to reach both industry objectives and sustainability goals. In order to address the high competition that involves the food industry, sustainability
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Nominate Innovators for Berkeley-Haas Open Innovation Awards
The Viral Strategy website reported on a new award to honor Start-Up Disruptors, Business Model Transformers and Leaders in Open Innovation. NineSigma and The Garwood Center for Corporate Innovation, Haas School of Business, University of California, Berkeley are looking to shine the spotlight on
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Building an Open Innovation Approach to R&D
The Wall Street Journal website reported that Open Innovation (OI) is gaining an important foothold across a number of major industries, from information technology to retail. Today, health care leaders are starting to recognize that OI can have great value in research and development and in marketing
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Open R&D Models Increase Chances for Late-Stage Success
The Virtual Press Office website reported that Deloitte has released a report showing that drugs sourced via open innovation are three times more likely to achieve late-phase clinical success versus those cultivated under an in-house, closed-model approach. The study also asserts that open innovation
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2nd Annual World Open Innovation Conference
The 2nd Annual World Open Innovation Conference provides a forum for industry professionals and academic scholars to network and engage with Open Innovation practitioners, and dialogue with world-renowned Open Innovation experts who share relevant research and expertise in their industry. Gain insight
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Thomson Reuters Analysis Shows Trend for Global Innovation
The Sys-Con Media website reported on a study by Thomson Reuters which showed that businesses are embracing Open Innovation. Across virtually every industry studied, the trend toward open innovation, whereby companies partner with academic institutions, individual researchers and other companies (in
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